PTA futures closed lower Thursday on the Zhengzhou Commodity Exchange (ZCE).

The most active PTA contract for September delivery lost 190 yuan (27.54 US dollars) to close at 5,364 yuan per tonne.

On Thursday, the total trading volume for 9 listed PTA futures contracts on the ZCE was 2,776,398 lots with a turnover of 75.34 billion yuan.

As the world's largest producer and consumer of PTA, China listed PTA futures on the ZCE in 2006 and opened to international investors in November 2018.

PTA, a commodity chemical and textile raw material, is a downstream product of petroleum and one of the most important bulk organic raw materials in China.